Seatec International Maritime Review 4/2022 | Page 33

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So far , Estonia has not yet provided the terminal company with equity , and consequently Finland has for the time being financed the project as a whole via Gasgrid Finland Oy ,” explains Huttunen .
As a precaution and in order to secure future gas supplies , Finland and Estonia had previously agreed that both countries should be prepared for the arrival of a gas terminal ship supplying natural gas for the shared fuel market . In Estonia , Paldiski Port is an optional site for the terminal ship .
In the larger Baltic region , a similar type of floating LNG terminal has already been stationed in Klaipeda in Lithuania where it has been operational for a number of years .
” The crucial thing is to have the floating LNG terminal ready for use for the oncoming winter . This is a critical precautionary measure for the energy security both in Finland and in Estonia ,” Mr . Huttunen emphasises . n
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